DigiCert Receives Majority Investment from TA Associates
Summary
DigiCert, Inc., a Lindon, Utah-based provider of enterprise security solutions, has received a majority investment from growth private equity firm TA Associates.Founded in 2003 and led by Nicholas Hales, CEO, and Ryan Woodley, CFO and COO, DigiCert provides online authentication and encryption services primarily through Secure Socket Layer (SSL) certificates* to companies, government agencies, financial institutions, and educational and medical institutions worldwide.In conjunction with the investment, Jason P. Werlin, a Principal at TA Associates, and A. Bruce Johnston, a Managing Director at TA Associates, will join DigiCert’s Board of Directors.FinSMEs 18/12/2012 *SSL protocol enables applications to transmit information securely.Organizations must install SSL certificates, usually indicated by an “https://” designation or a padlock icon in the browser address bar, on their web servers in order to initiate secure sessions with web browsers.
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